Hi Portee,

I’d say this management team is leaps and bounds better - a comparison could be checking out from Kodiak Motel and into Fairmont Argonaut.

Enriching shareholder is the name of the game - Argonaut IPO was 2.85...9+ today has been a fantastic run over the 3 years since inception. PEZ deal announced and AR was trading around $4. Through successful advancement of Castle gold and pediment assets the share value has increased substantially to exceed 11/sh. The 4 to 11 run occurred over the last 2 years. The next leg up should be very interesting.

Prodigy asset going forward I believe will add substantial value to the AR share price and this is a great team to unlock that value.

The 200+/- million should go just far enough to do all and not require going to the markets for additional funding. Unexpected surprises could always change things.

If Q4 is better than Q3 current cash possibly over $230 million.

Q3 2012 net income $27 million, This type of quarterly performance through 2013 should generate net income exceeding $100 million.

2013 ounces:

Production at el castillo to continue expanding towards 120,000oz/yr

Production at la calaroda to continue expanding towards 50-60,000oz/yr

2012 Guidance 101-107,000 for the year - final number could possibly be out this week!

2013 guidance to be 150-180,000 from old presentation - this is a possible 50/80% + increase in production and the revenue to go with it.

San antonio under development as next mine - I believe is still awaiting a permit - it will add about 80,000oz/yr to production when up running, presently looking into 2014. CAPEX around $80 million if memory serves me right.

These 3 mines would get them to the 220-250,000oz/yr mark - Magino production around 2015 and onwards should allow sufficient time to internally cover the roughly $400 million CAPEX needed as its spread out.

I’ve not looked into to PDG board member addition to AR - Possibly something to ask at the vancouver show.

jwits